![]() ![]() Recognize the overlap of reporting mandates stemming from regulations enacted decades apart.Compare Form 8938 and FBAR Filing Requirements.Identify when a taxpayer has a foreign reporting obligation.Find out what the wrath of FATCA has wrought Do we really have to file both?! Learn to distinguish between foreign accounts and foreign assets become familiar with reporting thresholds beware of the harsh consequences for non-compliance. This webinar will focus on FBAR reporting and contrast it with the filing requirements for Form 8938. citizens and residents who own certain foreign financial accounts and offshore assets to report those accounts and assets on Form 8938. ![]() taxpayers with certain foreign financial accounts and offshore assets, requires U.S. The Foreign Account Tax Compliance Act (FATCA), enacted to target noncompliance by U.S. ![]()
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